{"id":278,"date":"2015-11-12T10:29:01","date_gmt":"2015-11-12T10:29:01","guid":{"rendered":"https:\/\/www.investaz.com.tr\/blog\/?p=278"},"modified":"2019-12-14T11:57:24","modified_gmt":"2019-12-14T11:57:24","slug":"piyasalarda-hareketlilik-artiyor","status":"publish","type":"post","link":"https:\/\/www.investaz.com.tr\/blog\/piyasalarda-hareketlilik-artiyor\/","title":{"rendered":"Piyasalarda Hareketlilik Art\u0131yor"},"content":{"rendered":"<p><span style=\"color: #009487;\">12.11.2015<\/span><\/p>\n<p><strong><em>Piyasalardaki Hareketlilik Daha Artacak M\u0131?<\/em><\/strong><\/p>\n<p>Uluslararas\u0131 piyasalarda hareketlili\u011fin daha y\u00fcksek oldu\u011fu son d\u00f6nemlerde, geli\u015fmi\u015f \u00fclke merkez bankalar\u0131n\u0131n para politikas\u0131 duru\u015flar\u0131 ve uygulad\u0131\u011f\u0131 politikalar\u0131n \u00f6n\u00fcm\u00fczdeki d\u00f6nemde devam edece\u011fi beklentisi piyasalar taraf\u0131ndan kabul g\u00f6rm\u00fc\u015f g\u00f6r\u00fcn\u00fcyor. Geli\u015fen \u00fclke piyasalar\u0131nda ya\u015fanan d\u00f6viz s\u0131k\u0131nt\u0131s\u0131 \u00f6n\u00fcm\u00fczdeki d\u00f6nemde b\u00fcy\u00fcme h\u0131zlar\u0131n\u0131 olumsuz olarak etkileyebilir. D\u00fcnyan\u0131n en b\u00fcy\u00fck ikinci ekonomisi olan \u00c7in\u2019deki ekonomik g\u00f6r\u00fcn\u00fcm\u00fcn son d\u00f6nemde bozulmu\u015f olmas\u0131, Avrupa\u2019n\u0131n bitmeyen deflasyon m\u00fccadelesi ve ABD Dolar\u0131n\u0131n durdurulamayan y\u00fckseli\u015fi \u00f6n\u00fcm\u00fczdeki d\u00f6nemde de piyasalardaki hareketlili\u011fi daha da artt\u0131raca\u011fa benziyor.<strong><em>\u00a0<\/em><\/strong><!--more--><\/p>\n<p><strong><em>ECB ve FED\u2019in Ad\u0131mlar\u0131 Bekleniyor<\/em><\/strong><\/p>\n<p>Avrupa Merkez Bankas\u0131 (ECB) Ba\u015fkan\u0131 Draghi\u2019nin aral\u0131k ay\u0131nda hali haz\u0131rda uygulanan tahvil al\u0131m program\u0131n\u0131n tekrardan de\u011ferlendirilebilece\u011fini vurgulamas\u0131 EURUSD paritesi \u00fczerinde bask\u0131 olu\u015ftururarak paritenin a\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketini h\u0131zland\u0131rmaya devam edecek gibi g\u00f6r\u00fcn\u00fcyor. Ayr\u0131ca Amerikan Merkez Bankas\u0131 (FED) Ba\u015fkan\u0131 Yellen\u2019\u0131n faiz oranlar\u0131n\u0131n art\u0131r\u0131lmas\u0131 konusunda aral\u0131k ay\u0131nda bir aksiyon al\u0131nabilece\u011fini vurgulamas\u0131 da EURUSD paritesinin a\u015fa\u011f\u0131 hareketine yard\u0131mc\u0131 oldu\u011fu gibi dolar\u0131n \u00f6zellikle geli\u015fen \u00fclke para birimleri kar\u015f\u0131s\u0131nda g\u00fc\u00e7lenmeye devam etmesine neden oluyor. Ayn\u0131 zamanda d\u00fcnyan\u0131n en b\u00fcy\u00fck emtia t\u00fcketicisi olan \u00c7in ekonomisindeki bozulman\u0131n emtia fiyatlar\u0131na olumsuz yans\u0131maya devam etti\u011fini g\u00f6r\u00fcyoruz. Bu do\u011frultuda petrol fiyatlar\u0131ndaki de\u011fer kayb\u0131n\u0131n \u00f6zellikle son bir ayda ortalama y\u00fczde 8\u2019e ula\u015fm\u0131\u015f olmas\u0131 dikkat \u00e7ekici bir fakt\u00f6r. Zira emtia fiyatlar\u0131nda geri \u00e7ekilme devam ettik\u00e7e ABD, Avrupa ve \u00c7in\u2019in deflasyonla m\u00fccadelesi daha da zor bir hal al\u0131yor.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>Paritelerde Y\u00f6n Ne Olur?<\/em><\/strong><\/p>\n<p>K\u00fcresel bazdaki temel dinamiklerin yan\u0131s\u0131ra paritelerin teknik g\u00f6r\u00fcn\u00fcmlerine bakt\u0131\u011f\u0131m\u0131zda orta vadede y\u00f6n\u00fcn ne olaca\u011f\u0131 konusunda kas\u0131m ve aral\u0131k ay\u0131 d\u00f6n\u00fcm noktas\u0131 olacak. Yukar\u0131da da de\u011findi\u011fimiz gibi Avrupa ve ABD para politikalar\u0131ndaki de\u011fi\u015fimler aral\u0131k ay\u0131n\u0131 i\u015faret ediyor. Ayn\u0131 zamanda \u00f6n\u00fcm\u00fczdeki hafta ABD ve Euro B\u00f6lgesi\u2019nin ekim ay\u0131 enflasyon oran\u0131 verileri takip edilecek. Son bir ayda petrol fiyatlar\u0131ndaki geri \u00e7ekilme de dikkate al\u0131nd\u0131\u011f\u0131nda her iki tarafta da enflasyon hedeflerine yakla\u015fma konusunda i\u015flerin zorla\u015ft\u0131\u011f\u0131 g\u00f6r\u00fclmektedir.<\/p>\n<p>EURUSD paritesinde 2015 mart ay\u0131ndan bu yana devam eden y\u00fckseli\u015f trendinin kas\u0131m ay\u0131 ba\u015f\u0131nda 1.09 seviyesinin a\u015fa\u011f\u0131 y\u00f6nl\u00fc k\u0131r\u0131lmas\u0131yla sona erdi\u011fi g\u00f6r\u00fcl\u00fcyor. Bu noktada 1.0670 seviyesine kadar geri \u00e7ekilen paritede 1.0810 seviyesi alt\u0131nda fiyatlamalar\u0131n devam etmesi durumunda a\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketin devam etmesi beklenebilir. Geri \u00e7ekilmede Aral\u0131k ay\u0131na kadarki hedef ise 1.0460 olarak belirlenebilir.<\/p>\n<p>Alt\u0131n fiyatlar\u0131na bakt\u0131\u011f\u0131m\u0131zda ise son d\u00f6nemde dolar endeksindeki g\u00fc\u00e7lenmeyle birlikte de\u011fer kay\u0131plar\u0131n\u0131n artt\u0131\u011f\u0131n\u0131 g\u00f6r\u00fcyoruz. Bu do\u011frultuda kas\u0131m ay\u0131n\u0131n ba\u015f\u0131nda son 5 ayd\u0131r devam eden y\u00fckseli\u015f trendini 1120 dolar\u0131 a\u015fa\u011f\u0131 y\u00f6nl\u00fc k\u0131rarak sonland\u0131ran de\u011ferli metal 1080 deste\u011fine kadar geri \u00e7ekilme kaydetti. \u00d6n\u00fcm\u00fczdeki hafta ABD ekim ay\u0131 enflasyon verisinde art\u0131\u015f ya\u015fanmas\u0131 halinde alt\u0131n fiyat\u0131n\u0131 1069 seviyesi alt\u0131nda g\u00f6rmemiz m\u00fcmk\u00fcn. \u00d6zellikle 1105 direnci alt\u0131nda fiyatlamalar\u0131n devam etmesi a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131lar\u0131 \u00f6n\u00fcm\u00fczdeki d\u00f6nemde daha da artt\u0131rabilir.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>12.11.2015 Piyasalardaki Hareketlilik Daha Artacak M\u0131? Uluslararas\u0131 piyasalarda hareketlili\u011fin daha y\u00fcksek oldu\u011fu son d\u00f6nemlerde, geli\u015fmi\u015f \u00fclke merkez bankalar\u0131n\u0131n para politikas\u0131 duru\u015flar\u0131 ve uygulad\u0131\u011f\u0131 politikalar\u0131n \u00f6n\u00fcm\u00fczdeki d\u00f6nemde devam edece\u011fi beklentisi piyasalar taraf\u0131ndan kabul g\u00f6rm\u00fc\u015f g\u00f6r\u00fcn\u00fcyor. Geli\u015fen \u00fclke piyasalar\u0131nda ya\u015fanan d\u00f6viz s\u0131k\u0131nt\u0131s\u0131 \u00f6n\u00fcm\u00fczdeki d\u00f6nemde b\u00fcy\u00fcme h\u0131zlar\u0131n\u0131 olumsuz olarak etkileyebilir. D\u00fcnyan\u0131n en b\u00fcy\u00fck ikinci ekonomisi olan \u00c7in\u2019deki ekonomik&hellip;<\/p>\n","protected":false},"author":6,"featured_media":1133,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analiz-ve-yorumlar"],"_links":{"self":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts\/278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/comments?post=278"}],"version-history":[{"count":2,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts\/278\/revisions"}],"predecessor-version":[{"id":280,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/posts\/278\/revisions\/280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/media\/1133"}],"wp:attachment":[{"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/media?parent=278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/categories?post=278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investaz.com.tr\/blog\/wp-json\/wp\/v2\/tags?post=278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}